The ones where the title holder is required to maintain a correct record of title transfers according to the various state and county laws. Destruction of deed for convenience is not a valid method for opting out of these laws.
The lender is required tio maintain the title/note in order to prove they have an interest in the home.
You know - just like the buyer is required to be current on the payments.
BUT - if the lender cannot show they own the note, they are not allowed under the law as written to sue for foreclosure.
The banks, in these cases, screwed themselves. You advocate forgiving their breach of the law that underlies the contract (which breaches the contract), while you also advocate punishing the buyer, who did not violate the underlying law, but did violate the contract.
Dichotomy, thy name is HereInTheHeartland.